U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions. The
Brian Armstrong, Coinbase’s co-founder and CEO, has revealed the majority of traders on Coinbase Pro are now institutional investors. Speaking to Fred Wilson, co-founder of Union Square Ventures and investor in Coinbase, Armstrong said: “90% of the money in the world is tied up in institutions, it’s not just retail.
Coinbase, one of the most popular U.S.-based crypto exchanges, has allegedly banned the personal account of British right-wing pundit Milo Yiannopoulos. Yiannopoulos, who has previously made high-profile and controversial remarks which led him to having his account closed on other media platforms, posted a screenshot to Gab earlier this month detailing
Users of Coinbase Wallet can now back up their private keys on Google Drive or iCloud, according to an official announcement on Feb. 12. In the statement, Coinbase states that allowing users to upload their keys to a cloud provides a safeguard against lost keys, will will help them avoid losing funds should the keys be